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20110727
20110727
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CSPAN 2
CSPAN2 2
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CSPAN
Jul 26, 2011 11:00pm EDT
trillion. the ryan budget contained a $1 trillion in savings winding down the wars in iraq and afghanistan. majority leader kantor acknowledged the ryan budget counted toward deficit reduction. drawing down the troops would save more than $1 trillion over 10 years. we have given them everything they asked for. $2.70 trillion, dollar for dollar, there is no revenue. [unintelligible] in my caucus, somebody had an ipad and they read it today. the rating agencies are very nervous. there was a congressional hearing today. i do not have that, but the person testifying today said the one thing the markets demand is starting tond debate this thing again in a few weeks is not a certainty. [unintelligible] excellent question. we tried our best to have a trigger with some of the stuff that president obama worked on with republicans. they worked on the trigger. they could never get there because it would be so unfair if the committee did not arrive at a positive conclusion that the trigger would be all costs. that is really unfair. we cannot get from here to there after having already put to put $7 tr
CSPAN
Jul 27, 2011 2:00am EDT
a bloomberg story. the cost of the war in iraq and afghanistan. it this far outpaces anything. just the war costs in the tax cuts alone, what day account for are the debt. the way you get out of this debt is to pile all of this burden on middle income families and senior citizens. they're the most vulnerable. it is just plain wrong. this is outrageous. ..will close with this bi the house of riverses appears to be here. president obama has put a lot on the table. he put some that makes me very uncomfortable. he has gone the extra mile by any objective analysis. we're close to this deadline. these are something that does not recommend a conference bridge a compromise. it was right off a cliff ticket we should not be doing this. we should be finding ways to come together. let's move on. i regret that we are here. we do not even know what the you're going to bring to the floor. i've never experienced a thing like this before. i regret that we are here. i thank you very much for being here. i wish your counterpart were here. >> thank you. >> thank you very much. how many hearings has this bill r
CSPAN
Jul 27, 2011 5:00pm EDT
with bills and insurance companies. soldiers, in too many cases returning from iraq and afghanistan, are facing even greater challenges in the working market. i was at youngstown university talking, there are programs there, there's a group through magnet in youngstown in northeast ohio about putting -- getting -- helping soldiers and sailors and marines leaving the service, integrating into the classroom and helping them find jobs in that region, someplace we've fallen woefully short. manufacturing, which was moving along steadily earlier this year, we had seen 12, 13, 14, 15 months of job growth in manufacturing, not enough job growth but some, that's even slowing down. steps taken through the auto rescue and other things we did in the last couple of years dealing with this terrible, terrible recession created in 2007 and 2008 the auto rescue saved millions -- auto rescue and other efforts saved millions of americans from joining the unemployment rolls and we're seeing a better auto industry, an auto industry coming back, especially in places like defiance and toledo and northwood
CSPAN
Jul 27, 2011 12:00pm EDT
and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including cutting unnecessary spending on agricultural subsidies and auctioning off electromagnetic spectrum that the government currently holds. finally, by cutting the government by over $2 trillion, we'll have to borrow less money than anticipated and that will save an additional $400 million -- sorry, $400 billion in projected interest costs. in total, the senate democratic plan on which we will vote would cut the deficits by $2.7 trillion over the next ten years. while senator reid's proposal would not address the tax gimmicks and loopholes throughout our tax code that help favor the well-connected, this omission does not m
Search Results 0 to 3 of about 4